collateral obligation

Danish - Turkish

Definition of collateral obligation in Danish Turkish dictionary

teminat senedi

English - English

Definition of collateral obligation in English English dictionary

Related Terms

collateral debt obligation

(Ekonomi) Collateralized debt obligations (CDOs) are a type of structured asset-backed security (ABS) whose value and payments are derived from a portfolio of fixed-income underlying assets. CDOs securities are split into different risk classes, or tranches, whereby "senior" tranches are considered the safest securities. Interest and principal payments are made in order of seniority, so that junior tranches offer higher coupon payments (and interest rates) or lower prices to compensate for additional default risk

Hyphenation

col·lat·er·al ob·li·ga·tion

Turkish pronunciation

kılätırıl äblıgeyşın

Pronunciation

/kəˈlatərəl ˌäbləˈgāsʜən/ /kəˈlætɜrəl ˌɑːbləˈɡeɪʃən/